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Expense Services - Alternative Investment Services Senior Associate

State Street | Quincy, United States | Posted June 19, 2026

Position Overview

Job Summary

We are seeking an experienced professional to prepare and review Expense Services deliverables supporting Expense Administration, Distributions, Performance, and Regulatory Reporting. This role sits within the Expense Services group in State Street’s Alternative Investment Services department and partners with internal stakeholders to produce accurate, timely, and well-documented client deliverables.

Key Responsibilities

Expense Administration

  • Periodic/Annual Expense Budget Analysis

  • Invoice processing

  • Asset Based Fee Calculations

  • Calculating Fixed and Variable accruals

  • Expense Ratio/Proforma Analysis

  • Expense Cap Analysis

  • Acquired Fund Fees & Expenses (AFEE) Expenses of the underlying funds

  • Distributions

  • Prepare Monthly, Quarterly, and Annual excise distributions for Funds.

    Calculating net income earned & Capital-gains

    Calc...

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